NorthShore University HealthSystem retained CRA to evaluate issues of commonality and typicality among members of a proposed class alleging anticompetitive exercise of market power in the markets for inpatient and hospital-based outpatient services. Based on the extensive and detailed analysis of hospital/insurer contracts and claims data presented by CRA’s expert, the District Court denied class certification.
New research on the use of conjoint surveys with market simulation analysis for damages estimation in consumer protection class action litigation
Market simulations that we have seen used in consumer protection class action litigation apply what is known as the static Nash Bertrand model of competition...